DRCT vs LODE: Correlation
Direct Digital Holdings, Inc. (DRCT) and Comstock Inc. (LODE) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRCT and LODE?
On 3 years of weekly data the DRCT/LODE correlation comes out at 0.52, moderate. The past 12 months show a weaker link (0.16) than the 3-year average (0.52). The 5-year figure is 0.44, and annualized covariance runs at 14417.0 %².
By 3-year correlation, LODE places #10 of the 15 assets tracked against DRCT. The last year tells two different stories: LODE led by 143.5 percentage points, -97.6% for DRCT against +45.9% for LODE. One caveat on sizing: DRCT is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DRCT vs LODE: side by side
| DRCT (Direct Digital Holdings, Inc.) | LODE (Comstock Inc.) | |
|---|---|---|
| 1-year return | -97.6% | +45.9% |
| 5-year return | -99.7% | -88.3% |
| Volatility (ann.) | 263.7% | 105.0% |
| Beta vs S&P 500 | 1.38 | 1.39 |
| Max drawdown (3Y) | -100.0% | -78.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRCT | LODE |
|---|---|---|
| 2022 | – | -78.3% |
| 2023 | +513.6% | +96.4% |
| 2024 | -89.3% | +45.5% |
| 2025 | -96.0% | -53.0% |
| 2026 | -83.6% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRCT and LODE good diversifiers for each other?
Only partially. A correlation of 0.52 means DRCT and LODE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DRCT and LODE?
The DRCT/LODE correlation stands at 0.52 on a 3-year window (1 year: 0.16, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is LODE a good diversifier for DRCT?
Only partially. A correlation of 0.52 means DRCT and LODE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/drct-vs-lode.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drct-vs-lode/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRCT correlations · LODE correlations
